About 5645 Bancroft Ave
One of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland. Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters. Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.
Features of 5645 Bancroft Ave
| MLS® # | ML81930885 |
|---|---|
| Price | $1,390,000 |
| Square Footage | 5,013 |
| Acres | 0.14 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Five or More Units |
| Status | Contingent |
Community Information
| Address | 5645 Bancroft Ave |
|---|---|
| Area | Oakland Zip Code 94621 |
| City | OAKLAND |
| County | Alameda |
| State | CA |
| Zip Code | 94605 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Parking Spaces | 5 |
| Garages | Attached |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
| Has Basement | No |
Exterior
| Windows | Double Pane Windows |
|---|---|
| Roof | Shingle Roof |
| Foundation | Concrete Slab |
School Information
| Attendance Zone | FREMONT HIGH SCHOOL, FRICK MIDDLE SCHOOL, GREENLEAF ELEMENTARY SCHOOL |
|---|
Additional Information
| Zoning | RM |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Helen Chong |
|---|---|
| Office | Haylen |
| Office Contact | 408-800-5478 |
